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Route 109 Resources (TSXV:RTE) Pretax Margin % : % (As of Nov. 2024)


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What is Route 109 Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Route 109 Resources's Pre-Tax Income for the three months ended in Nov. 2024 was C$-0.08 Mil. Route 109 Resources's Revenue for the three months ended in Nov. 2024 was C$0.00 Mil. Therefore, Route 109 Resources's pretax margin for the quarter that ended in Nov. 2024 was %.

The historical rank and industry rank for Route 109 Resources's Pretax Margin % or its related term are showing as below:


TSXV:RTE's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.445
* Ranked among companies with meaningful Pretax Margin % only.

Route 109 Resources Pretax Margin % Historical Data

The historical data trend for Route 109 Resources's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Route 109 Resources Pretax Margin % Chart

Route 109 Resources Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Pretax Margin %
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Route 109 Resources Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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Competitive Comparison of Route 109 Resources's Pretax Margin %

For the Gold subindustry, Route 109 Resources's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Route 109 Resources's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Route 109 Resources's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Route 109 Resources's Pretax Margin % falls into.


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Route 109 Resources Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Route 109 Resources's Pretax Margin for the fiscal year that ended in Aug. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2024 )/Revenue (A: Aug. 2024 )
=-0.284/0
= %

Route 109 Resources's Pretax Margin for the quarter that ended in Nov. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Nov. 2024 )/Revenue (Q: Nov. 2024 )
=-0.079/0
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Route 109 Resources  (TSXV:RTE) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Route 109 Resources Pretax Margin % Related Terms

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Route 109 Resources Business Description

Traded in Other Exchanges
Address
1177 W. Hastings Street, Suite 2700, Vancouver, BC, CAN, V6E 2K3
Route 109 Resources Inc is a Canadian exploration company with two historical high-grade assets in Quebec. Currently, it is Exploring for Copper and Gold in Quebec. The Dunlop Bay property has 76 contiguous mineral claims that cover 4,226 hectares, and the King Tut property has 120 contiguous mineral claims that cover 5,206 hectares.
Executives
Robert Marc Bustin Director

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